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Grangetown Lofts

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Grangetown Lofts is a new condominium development by Tridel that is now complete located at 55-103 McCaul Street & 58-88 St Patrick Street, Toronto in the Downtown Core neighbourhood with a 99/100 walk score and a 100/100 transit score. Development is scheduled to be completed in 2000. The project is 1 storeys tall and has a total of 89 suites ranging from 402 sq.ft to 1,450 sq.ft.

Developers

192
Total Developments
8
Pre Construction
12
Under Construction
172
Complete

About Tridel

Tridel: A Legacy of Excellence in Toronto's Real Estate

Tridel stands out as a beacon of quality and innovation in Toronto's competitive real estate market. With a rich history spanning over 85 years, Tridel has solidified its reputation as a leading home builder, focusing primarily on condominiums in the Greater Toronto Area.

Tridel at a Glance

  • Founding and Legacy: Founded in the 1930s by Jack DelZotto, an Italian stonemason, Tridel has grown from a company building single-family homes to a titan in the condominium market. The name Tridel pays homage to Jack's three sons, signifying the three DelZotto brothers and the company's core family values.
  • Employee Strength: A robust workforce of 500 dedicated employees.
  • Headquarters: Based in Toronto, Ontario, Canada.
  • Homes Built: An impressive portfolio of over 90,000 homes, primarily focusing on condominiums.
  • Industry Recognition: Notably recognized as the Home Builder of the Year 2016 (mid-rise/high-rise) and Green Builder of the Year 2016 by the Building Industry and Land Development Association (BILD).

Tridel's Developments: A Synonym for Quality and Innovation

  • Early Beginnings and Growth: Tridel's journey began with the construction of single-family homes and evolved into building rental apartment buildings. The late 1960s marked a significant turn with the construction of condominiums following Ontario's enabling legislation.
  • Innovation and Technology: Tridel has always been at the forefront of innovation, notably introducing Tridel Connect at the Ten York community, featuring smart home technology that enhances the convenience and security of residents.
  • Sustainable Practices: Tridel's commitment to sustainability is evident in its dedication to building LEED-certified residential buildings, focusing on environmentally friendly design, and using sustainable building materials and practices.
  • The Well: A notable mixed-use development in Toronto that underscores Tridel's ability to adapt and innovate. This project features a comprehensive retail component, purpose-built rental, and condominium towers, making it the largest development project Tridel has undertaken.
  • Awards and Recognition: Tridel's excellence has been consistently recognized, earning accolades such as the Ontario Home Builder of the Year and the Building Industry and Land Development Association’s Home Builder of the Year awards multiple times.

What Sets Tridel Apart

  • Customer-Centric Approach: Tridel's success is deeply rooted in its commitment to delivering exceptional customer experiences. The company's vision revolves around creating beautifully crafted homes and fostering strong, healthy communities.
  • Diversity and Inclusion: Tridel is not just about building homes; it's about building communities. Their commitment to diversity, equity, and inclusion ensures a workplace where everyone feels they belong and can thrive.
  • Social and Sustainable Impact: Tridel's Environmental, Social, and Governance (ESG) commitment reflects its dedication to innovating for sustainability, empowering people and communities, and leading a responsible business.
  • The Lobby Design Studio: A testament to Tridel's commitment to luxury and customization, this high-tech design center allows homeowners to personalize their homes, ensuring each property is as unique as its owner.

Customer Reviews and Testimonials

Tridel's reputation for quality and excellence is not just industry-recognized but also echoed in customer reviews and testimonials. Residents appreciate the quality of construction, attention to detail, and the luxurious lifestyle offered by Tridel's condominiums. The inclusion of smart home technology and a focus on sustainable living are frequently highlighted as key differentiators that enhance the living experience in a Tridel home.

Neighbourhoods

Downtown Core Neighbourhood in Toronto

Development Status

View on Map
55
Total Developments
13
Pre Construction
9
Under Construction
33
Complete

About Downtown Core

Toronto’s Downtown Core: A Thriving Urban Oasis with a Blend of Modern Luxury and Historic Charm

Toronto’s downtown core, is known for its towering skyscrapers, bustling streets, and vibrant cultural scene, the downtown core is a preferred destination for locals and investors alike. Here’s a comprehensive look at what makes Toronto’s downtown core a coveted neighborhood:

Why People Love the Downtown Core:

  • Cultural and Economic Hub: Encompassing influential institutions like Queen’s Park and the University of Toronto’s downtown campus, the area is a melting pot of culture, education, and healthcare facilities.
  • Vibrant Culinary Scene: The downtown core boasts an array of dining options along Yonge Street including popular spots like Lao Lao Bar, Okonomi House, Bar Volo, and Eataly, catering to diverse culinary preferences.
  • High Return on Investment (ROI): Recognized for yielding the best ROI for condo investments, the downtown core’s properties are highly sought-after, especially those close to key intersections and subway lines like the Yonge-University line​​.

Local Amenities and Real Estate Highlights:

  • Unmatched Connectivity: Known as the most connected community in Toronto, the downtown core offers swift access to underground transit, making it ideal for those who prefer a car-free lifestyle.
  • Luxurious Real Estate Market: The area is dotted with beautifully crafted condos and luxury buildings, especially around key intersections like Bay and Adelaide, and Yorkville, offering premium living experiences.
  • Booming Condo Market: Condominium units in the downtown core fetch prices 22-23% higher than the city-wide average, making it a lucrative spot for investors and homebuyers​​.

Real Estate Dynamics:

  • Seller’s Market: The Toronto housing market, especially the downtown core, is expected to favor sellers, characterized by a persistent supply shortage and rising prices. The average property prices in the downtown core are cheaper ($920,661) than north of the 401 ($1,153,280), making it a relatively more affordable option considering its prime location​​.
  • Luxury Market Trends: While the luxury market is smaller, it remains a strong investment in Toronto’s economic powerhouse. High-end units in the downtown core, particularly around Bay and Adelaide, are in constant demand.
  • Rising Rental Prices: Despite the high cost of living, the downtown core continues to attract renters.

Toronto’s downtown core is the lifeblood of the city’s culture, economy, and urban lifestyle. Its blend of connectivity, rich cultural tapestry, and dynamic real estate market make it one of the most desirable locations in Toronto. Whether you’re a professional seeking a cosmopolitan lifestyle, a student attending the city’s top institutions, or an investor eyeing lucrative opportunities, the downtown core offers a life full of vibrancy, convenience, and luxury.

Key Information

Location
55-103 McCaul Street & 58-88 St Patrick Street
,
Developer
Completion
2000
Sales Status
Resale
Development Status
Complete
Building Type
Condo
Price Range
-
Suite Sizes
Avg. Price (/ft)
-
Parking Price
-
Locker Price
-
Mt. Fees (/ft)
-
  • Gym / Exercise Room
  • Public Transit
  • Security Guard
  • Pool
  • BBQs
  • Enter Phone System
  • Pets Allowed
  • Parking Garage

Additional Information

Walk Score
99 / 100
Transit Score
100 / 100
Architect
-
Interior Designer
-
Count
1 Floors
89 Suites
Height (M)
-
Height (Ft)
-
Data last updated: April 2nd, 2024

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Launch Price/ft
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Current Price/ft
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Key Information

Location
55-103 McCaul Street & 58-88 St Patrick Street
,
Developer
Completion
2000
Sales Status
Resale
Development Status
Complete
Building Type
Condo
Price Range
-
Suite Sizes
Avg. Price (/ft)
-
Parking Price
-
Locker Price
-
Mt. Fees (/ft)
-
  • Gym / Exercise Room
  • Public Transit
  • Security Guard
  • Pool
  • BBQs
  • Enter Phone System
  • Pets Allowed
  • Parking Garage

Additional Information

Walk Score
99 / 100
Transit Score
100 / 100
Architect
-
Interior Designer
-
Count
1 Floors
89 Suites
Height (M)
-
Height (Ft)
-
Data last updated: April 2nd, 2024